Teijin to Establish R&D Company in China

Tokyo, Japan, April 17, 2014 --- Teijin Group announced today that its new Teijin Product Development China Co., Ltd will begin developing yarns and textile products, including environmentally friendly products, for automotive, electronics and materials industries and etc., in Nantong, Jiangsu Province on April 18.

Teijin Product Development China Co., Ltd will enable Teijin to meet local demand rapidly by concentrating operations for R&D and production in one location. It will operate as an independent corporation based on the premises of Nantong Teijin Co., Ltd., a polyester textile manufacturing and processing company engaged in weaving and dyeing recyclable polyester textiles and manufacturing and processing polyester textiles.

The new center will strengthen Teijin’s textile R&D functions, including cooperative activities with local companies. Teijin entered into a comprehensive alliance with the China Chemical Fibers Association in March 2012 to develop business for synthetic textiles produced by Chinese companies and textiles manufactured by Teijin.

The center’s two-story research building and one-story production building will have a total floor space of 10,000 square meters and comprise three facilities — a laboratory, an experimental production facility and an analysis and measurement facility.

• Weather-simulation laboratory
The laboratory will simulate various weather conditions, including air temperature, sunlight, humidity, rainfall, snowfall and wind, to test the functions of textile materials and products.

• Experimental production facility
This facility will conduct experimental operations for weaving, knitting, dyeing, functional processing and other processes, as well as the designing and sewing of clothing. Textiles will be designed and evaluated on their applicability to clothing.

• Analysis and measurement facility
Here, the center will evaluate functionality and assess quality to support the development of textiles that meet specific market needs.

The Teijin (China) Textile Product Development Center, covering a site area of approximately 20,000 square meters, will be located on the premises of Nantong Teijin at Zhongyang Road 19 in the Nantong Economic and Technological Development Zone. The center will be headed by President Hirohisa Shimizu.

About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 150 companies and around 17,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY 745.7 billion (USD 7.4 billion) and total assets of JPY 762.4 billion (USD 7.6 billion) in the fiscal year ending March 31, 2013.

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